I’m always happy when I’m right. Who isn’t?
Especially when what I said would happen made us a lot of money.
And I’m pretty modest when it comes to acknowledging these things…I hate saying “I told you so.”
But I said it the other day. I couldn’t help myself!
A call I made on April 17th came to pass, and then some. I really hope you heard it and acted on it.
Otherwise, you missed out on something big.
Please don’t miss out on anything else, especially on Mondays…
If you don’t know about my new Monday setup, listen up!
This is a pattern that mysteriously only shows up on that day, and it can move fast!
We’re talking about moves that can deliver more in one morning than most people see in a month!
And for a limited time, we’re offering the Monday setup for just $7!
That’s an 85% discount off the regular price.
Monday is only three days away…
So, check out this pattern ASAP in my video tutorial below.
Were you listening to me in April??
In my April interview at the NYSE, I said everyone should buy tech stocks.
There had been a huge selloff in the Magnificent 7, and I knew it was time to get in while they were trading at a discount.
And I was right!
Let’s take a look at what they’ve done since then…
Microsoft (NASDAQ: MSFT):
MSFT 3-Month, Hourly Candles Chart; SteadyTrade
Apple (NASDAQ: AAPL):
AAPL 3-Month, Hourly Candles Chart; SteadyTrade
Amazon.com (NASDAQ: AMZN):
AMZN 3-Month, Hourly Candles Chart; SteadyTrade
Alphabet Inc. (NASDAQ: GOOG):
GOOG 3-Month, Hourly Candles Chart; SteadyTrade
Tesla (NASDAQ: TSLA):
TSLA 3-Month, Hourly Candles Chart; SteadyTrade
NVIDIA (NASDAQ: NVDA):
NVDA 3-Month, Hourly Candles Chart; SteadyTrade
Meta (NASDAQ: META):
META 3-Month, Hourly Candles Chart; SteadyTrade
If you’re a swing trader, I hope you caught my interview last month. These are the optimal stocks for you.
And as always, if these prices are outside of your budget, remember you can always get in on the action with options.
So what fueled the Mag 7 surge?
Table of Contents
AI Momentum Keeps Accelerating
AI remains one of the hottest investment themes on Wall Street, and these seven companies are at the heart of the AI ecosystem.
- NVDA in particular, continued to rally on strong demand for its AI chips, as well as the announcement that it will supply semiconductors to a major Saudi AI company.
- AMZN unveiled new AI tools for AWS customers, reinforcing its dominance in the cloud.
In short, AI isn’t just hype anymore—it’s revenue-generating. And these companies are cashing in.
Solid Earnings and Forward Guidance
April and May brought Q1 earnings season, and several of the Magnificent 7 delivered:
- META posted better-than-expected revenue and crushed profit forecasts, thanks to strong ad demand and cost discipline.
- GOOG surprised Wall Street with strong cloud growth and the announcement of its first dividend ever.
- MSFT also beat analyst expectations, reporting strength across both Azure cloud services and enterprise software.
- Amazon outperformed on AWS growth, revenue, and earnings.
- Nvidia reported better-than-expected earnings and revenue as its company’s data center business recorded year-over-year growth above 73%.
These companies didn’t just meet expectations…They beat them, and that sent their stocks higher.
Inflation Easing Creates a Tech Tailwind
March and April data suggested that inflation might finally be cooling, albeit slowly.
That gave investors hope that the Federal Reserve could hold off on additional rate hikes.
Lower interest rate expectations tend to favor high-growth tech stocks, especially those with big future cash flow projections.
When rate fears ease, the discounted value of future earnings improves, and that’s a direct tailwind for names like the Mag 7.
Flight to Quality in a Choppy Market
April wasn’t exactly smooth sailing for the broader market. Between Middle East tensions, rising oil prices, and mixed economic data, uncertainty was in the air.
So where did the big money go? Into the biggest, most proven names.
The Magnificent Seven have massive balance sheets, proven earnings power, and dominant positions in their industries. When fear rises, these names become safe havens, even in tech.
Remember when the tech sector was full of mega-growth companies with little to no revenue?
Yes, those tech tickers still exist, and those make great day trades…
But many are now capital-return machines.
All of the Mag 7 but two (AMZN and TSLA) pay dividends and engage in stock buybacks.
The combination of strong growth plus shareholder returns is a powerful magnet for both retail and institutional investors.
My Final Thoughts…
The Magnificent Seven didn’t just get lucky in April and May…
They delivered on earnings, on innovation, and on investor expectations.
In an uncertain market, they represented clarity…
In a hype-heavy tech world, they brought strong fundamentals…
And in a market hunting for stock leadership, they stepped up.
Will the rally continue?
That depends on macro trends, Fed policy, and continued earnings performance.
Stay tuned…
And in the meantime, stay in the loop by joining our StocksToTrade community.
Register for one of our free daily webinars where you can see our Oracle algo tool in action, the stocks and trades we’re watching, and much more.
Don’t let another major opportunity slip by!
Have a great weekend, everyone. See you back here on Monday.
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
- Wanna make gains off the short sellers? Here’s how.
- Discover why you should embrace volatility.